Acquisition

Morgan Crucible Co PLC
22 February 2006


                                                              22nd February 2006


                                  ACQUISITION

Morgan Crucible's ('Morgan') Insulating Ceramics division ('Insulating') has
reached an agreement to acquire the ceramic fibres business of Cookson Group
plc. The cash consideration is $21 million for the assets of the business.

The assets consist of 2 productions sites, one in Poland and the other in
Tennessee, USA, both of which provide high temperature insulating fibre focussed
towards the iron and steel markets.

The acquisition will both enhance the geographical presence of our Insulating
Ceramics division in Eastern Europe and its production capacity in North
America. It also reinforces the market position of the Insulating business.

Warren Knowlton, Chief Executive Officer, commented,

'The Magnetics disposal in September 2005 transformed the financial strength of
Morgan. At that time we announced that we would be looking to make bolt-on
acquisitions. This is our first such acquisition since that time and I am
pleased that it is increases our Group exposure to more dynamic markets and will
be margin accretive'.

Enquiries:

The Morgan Crucible Company plc              01753 837000
Warren Knowlton - Chief Executive Officer
Mark Robertshaw - Chief Financial
Officer

Finsbury                                     020 7251 3801
Rupert Younger
Robin Walker




                      This information is provided by RNS
            The company news service from the London Stock Exchange